Want to know the latest news and articles posted on Clear Tax Accountants Melbourne?
Then subscribe to their feed now! You can receive their updates by email, via mobile or on your personal news page on this website.
See what they recently published below.
Website title: Melbourne Tax Accountants, Business Tax Accounting Services Melbourne, Tax Agent - Clear Tax Melbourne
Is this your feed? Claim it!
Business owners in Australia often think tax planning happens in June. When the financial year is almost over.
That approach usually costs money.
Good tax planning happens months earlier. Sometimes the entire year. Because many decisions that affect taxes cannot be fixed at the last minute.
Below is a practical guide that explains the way a tax adviser wo...
Stamp duty is often the highest upfront cost when buying property in Australia. Many buyers assume it can be claimed on their tax return. The logic feels reasonable, since it is a tax paid to the government. So surely it should reduce income tax as well.
But Australian tax law treats stamp duty very differently.
Stamp duty is usually not immediately tax-deductib...
You are ready to buy property through your SMSF. The lender has given approval. The contract sits on the table. Everything seems to be moving smoothly.
Then someone asks a simple question.
“When is the bare trust deed being dated?”
It sounds like a minor detail, just a date on a document, right?
Not quite.
If that date is wrong, the structur...
A lot of Australian homeowners assume that if their home is exempt from capital gains tax, then the subdivided block must be too. That assumption can be expensive.
If you are thinking about carving off your backyard and selling it, you need to understand how the rules actually work under the Australian Taxation Office.
Because once you subdivide, you are no long...
If you are a New Zealand citizen living and working in Australia on a Subclass 444 Special Category visa, your tax position may be far more favourable than you realise.
Yet this is also one of the most misunderstood areas of Australian tax law.
The confusion usually stems from two technical but critical concepts administered by the Australian Taxation Office (AT...